Agriculture-related investments boost Davao del Norte

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BW20150128_4/S1

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Industries supporting the agricultural export sector and urban development projects are bringing in some P12 billion worth of investments into Davao del Norte, according to data from the Department of Trade and Industry's DTI provincial office. Romeo L. Castañaga, a DTI's officer-in-charge provincial director, said four of the projects were given incentives, including two private ports, a shopping mall, and a housing project. The biggest of these ventures is the P5.724-billion seaport and container yard being developed in the capital Tagum City by Hijo International Port Services., a firm controlled by International Container Terminal Services, Inc. in partnership with Hijo Resources Corp.